Off-Topic: Insanely stupid comment by Obama
(Logan Martin Lake Specific)
4,319 messages
Updated 7/5/2024 7:54:28 AM
Lakes Online Forum
83,722 messages
Updated 7/6/2024 9:48:59 AM
Lakes Online Forum
5,198 messages
Updated 6/19/2024 3:45:44 AM
(Logan Martin Lake Specific)
126 messages
Updated 12/23/2022 9:21:15 AM
Lakes Online Forum
4,171 messages
Updated 6/27/2024 7:05:46 AM
Lakes Online Forum
4,261 messages
Updated 5/28/2024 6:31:10 AM
Lakes Online Forum
2,979 messages
Updated 6/26/2024 5:03:03 AM
Lakes Online Forum
98 messages
Updated 4/15/2024 1:00:58 AM
Logan Martin Lake Photo Gallery





    
Welcome, Guest Select View Mode: [ classic | beta | recent ]
Name:   MAJ USA RET The author of this post is registered as a member - Email Member
Subject:   Insanely stupid comment by Obama
Date:   7/31/2013 12:29:17 PM

STOP!   You may be WRONG!


Say the general multiplier for a government employee is 1.67 (approx).  The employee’s take home would be $59880 ($100K / 1.67). The employee pays… say 22% of that in taxes  = $13,173. But, after he files his taxes…after deductions… he really ends up paying 18% = $10,778.  The government recovers $11K on a $100K investment. 

 All math is fuzzy… especially when the government engages in such.

 

 

Other messages in this thread:View Entire Thread
Insanely stupid comment by Obama - MartiniMan - 7/31/2013 11:32:57 AM
     Insanely stupid comment by Obama - MAJ USA RET - 7/31/2013 12:29:17 PM
          GM investment math - MartiniMan - 7/31/2013 1:38:14 PM
               GM investment math - MAJ USA RET - 7/31/2013 2:13:06 PM



Quick Links
Logan Martin Lake News
Logan Martin Lake Photos
Logan Martin Lake Videos




About Us
Contact Us
Site Map
Search Site
Advertise With Us
   
www.LoganMartin.info
THE LOGAN MARTIN LAKE WEBSITE

Copyright 2024, Lakes Online
Privacy    |    Legal